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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 17,285 $ 19,976
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,455 4,223
Deferred income taxes (235) 1,009
Stock-based compensation 917 903
Net change in unrealized gains and losses on investments 1,197 0
Net change in accrued interest, premiums, and discounts on investments (125) (82)
Other 3 (2)
Total adjustments 23,497 26,027
Changes in operating assets and liabilities:    
Accounts receivable (1,193) (2,524)
Inventories (3,149) (950)
Prepaid expenses 280 (2,841)
Other non-current assets (90) 81
Accounts payable and accrued liabilities 862 (552)
Accrued income and other taxes (153) 862
Other non-current liabilities 859 39
Net Cash Provided by (Used in) Operating Activities, Continuing Operations, Total 20,913 20,142
Cash flows from investing activities:    
Property, plant and equipment additions (7,598) (5,422)
Purchase of investments (26,887) (21,911)
Proceeds from maturities of investments 24,035 19,000
Net Cash Provided by (Used in) Investing Activities, Continuing Operations, Total (10,450) (8,333)
Cash flows from financing activities:    
Shares tendered for employees’ withholding taxes on stock-based compensation (90) (7,735)
Dividends paid (4,446) (3,873)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations, Total (4,536) (11,608)
Net change in cash and cash equivalents 5,927 201
Cash and cash equivalents at beginning of period 30,136 20,022
Cash and cash equivalents at end of period 36,063 20,223
Cash paid for:    
Income taxes 5,592 2,295
Non-cash financing activities:    
Non-cash effect of stock option exercises $ 0 $ 10,237